Filed under: GM, Pontiac

Davison, MI, Pontiac-Buick-GMC dealer Jim Waldron isn't ready to give up on the Pontiac brand just yet. During a local news program on Flint ABC affiliate WJRT-12, Waldron revealed that he had made an offer to General Motors to buy Pontiac. Earlier in the week, GM announced that the Pontiac brand would be shut down no later than the end of 2010.

However, GM VP for North American Communications, Tom Pyden, later told the station that no deal would happen since the brand is not for sale. The latest viability plan put forward by the automaker makes no provision for spinning off Pontiac like it does with Hummer and Saturn.

However, if someone offers cash for Pontiac, it seems hard to imagine GM turning a blind eye to the deal. This would be especially true if the potential buyer offered to take over some closed factories to use for manufacturing, as Waldron intends to do. However, it's even harder to imagine that Waldron could make a going concern of a stand-alone Pontiac.

[Source: WJRT 12]

Pontiac dealer offers to buy brand, GM says "Not For Sale" originally appeared on Autoblog on Sat, 02 May 2009 17:46:00 EST. Please see our terms for use of feeds.

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I'd like to see Pontiac make their way back into the world, and doing what the brand originally did: building moderate performance vehicles to enjoy driving.






I don't think I'd say no to someone offering to let me take any of those for a spin.

Why not take the money if they are offering to buy? They are planning on shutting it down anyway.

Guess they are thinking of keeping it now...

Quote:The latest viability plan put forward by the automaker makes no provision for spinning off Pontiac like it does with Hummer and Saturn.